Mead, PA is a small town located in the Allegheny Mountains of Pennsylvania. It enjoys scenic views with plenty of opportunities for outdoor recreation such as hiking, biking, and fishing. The cost of living in Mead is much lower than the national average; for example, two-bedroom rent is only $750 compared to the US average of $1,430. The Grocery Cost Index for Mead is also 96 versus 100 in the US. As a result, people are drawn to this area for its affordability and charm. Local companies such as Mead Market Place Shopping Center offer a variety of amenities to visitors or residents alike. The shopping center includes retail stores like Target and Tops Markets as well as restaurants and other services. There are also many smaller businesses in the area that provide beauty salons, auto shops, banks and more.
Mead has an unemployment rate of 7.6%. The US average is 6.0%.
Mead has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Mead
- The Sales Tax Rate for Mead is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mead is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mead
- The average income of a Mead resident is $29,980 a year. The US average is $37,638 a year.
- The Median household income of a Mead resident is $54,868 a year. The US average is $69,021 a year.